De-Aromatic Solvents Market: A Lucrative Opportunity for Growth

Global De-Aromatic Solvents Market size is expected to grow from USD 1.6 Billion in 2022 to USD 3.48 Billion by 2030, at a CAGR of 10.2% during the forecast period (2023–2030).

The area of the chemical industry dedicated to solvents with minimal aromatic content is known as the De-Aromatic Solvents market. Since benzene rings are poisonous and have the potential to contribute to air pollution, aromatic solvents often contain them in their molecular structure. These compounds can be hazardous to human health and the environment. Solvents that are less hazardous and better suited for a range of industrial applications where minimal toxicity and environmental effect are crucial factors are produced via de-aromatization, which entails eliminating or lowering these aromatic components.

Because of its many uses, de-aromatized solvents, sometimes referred to as de-aromatic solvents, are essential to many different sectors. These solvents function as diluents in the world of paints, coatings, and varnishes, helping to manage viscosity, enabling smoother application, and controlling drying durations for better film formation.

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Market Competition by Top Companies (Players) -

Exxonmobil (USA), Calumet Specialty Products Partners, L.P. (USA), Shell (Netherlands), Neste (Finland), DHC Solvent Chemie Gmbh (Germany), Cepsa (Spain), China Petrochemical Corporation (China), China National Petroleum Corporation (China), Luoyang Jinda Petrochemistry Industry (China), Maomingpetro-Chemicalshihua (China), Sinopec (China), PetroChina (China), Idemitsu Kosan Co., Ltd. (Japan), Gandhar Oil Refinery Limited. (India),Raj Petro Specialities Pvt. Ltd. (India), Eastern Petroleum Pvt. Ltd. (India), Avani Petrochem Pvt. Ltd. (India), Mehta Petro Refineries Ltd. (India), Sk Energy (South Korea), Sasol (South Africa), and other Major Players

Global De-Aromatic Solvents Market: Segmentation

By Application

Paints, Coatings and Inks
Metal Working
Industrial Cleaning
Adhesives and Sealants
Drilling Fluids
Consumer Products
Others

By Flash Point

Low Flash Point
Medium Flash Point
High Flash Point

By Boiling Point

Type 1 (<1850C)
Type 2 (1850C–2400C)
Type 3 (>2400C)

By Region

North America (U.S., Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)

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According to the recent report published by Introspective Market Research Private Limited, the Global De-Aromatic Solvents Marketreport provides sustainable growth opportunities, challenges, scope, Driver restraints and latest trends during the forecast period from 2024-2032. This latest industry research study analyses the keyword market by various product segments, applications, regions and countries while accessing regional performances of numerous leading market participants. In this report, there are various approaches and procedures approved by key market players that enable efficient business decisions.

Table Of Content:

INTRODUCTION
1. RESEARCH OBJECTIVES
2. RESEARCH METHODOLOGY
3. RESEARCH PROCESS
4. SCOPE AND COVERAGE
  1. Market Definition
  2. Key Questions Answered
5. MARKET SEGMENTATION
EXECUTIVE SUMMARY
MARKET OVERVIEW
GROWTH OPPORTUNITIES BY SEGMENT
MARKET LANDSCAPE
1. PORTER’S FIVE FORCES ANALYSIS
  1. Bargaining Power Of Supplier
  2. Threat Of New Entrants
  3. Threat Of Substitutes
  4. Competitive Rivalry
  5. Bargaining Power Among Buyers
2. INDUSTRY VALUE CHAIN ANALYSIS
3. MARKET DYNAMICS
  1. Drivers
  2. Restraints
  3. Opportunities
  4. Challenges
4. MARKET TREND ANALYSIS
5. REGULATORY LANDSCAPE
6. PESTLE ANALYSIS
7. PRICE TREND ANALYSIS
8. PATENT ANALYSIS
9. TECHNOLOGY EVALUATION
10. ANALYSIS OF THE IMPACT OF COVID-19
  1. Impact On The Overall Market
  2. Impact On The Supply Chain
  3. Impact On The Key Manufacturers
  4. Impact On The Pricing
  5. Post COVID Situation

To Be Continue TOC …

Our Research Study provides up-to-date, detailed data on the dynamics of the Global De-Aromatic Solvents Market, providing marketers with the essential data they need to understand their and their competitors' position in the market, as well as information to accurately identify where they will compete in the future. Also, the report examines the components of market change by looking at past and future growth patterns, including the impact of consumer behaviour on total quantity, value, selected brands and selected product types.

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